Toyota Motor Chairman Akio Toyoda, center, and Tesla CEO Elon Musk, right. Japanese automakers are pooling their resources on electric vehicles to catch up to rivals like Tesla. (Nikkei montage/Source photos by Nikkei and Reuters)
Automobiles

Honda, Nissan and Mitsubishi join forces to catch Tesla in EV race

Japanese automakers consolidate resources with eye on deep-pocketed players

30 July 2024
The Vietnamese joint venture will be Docomo's first foray into overseas digital outdoor advertising. (Photo by Yuji Nitta)
Companies

Japan's NTT Docomo to enter Vietnam outdoor digital advertising

Mobile carrier hopes to use country as steppingstone for rest of Southeast Asia

30 July 2024
Fanuc machine tools at work at an Audi plant. (Audi)
Technology

Fanuc upgrades profit forecast on rebound in China orders

Japanese factory robot builder also gets boost from weak yen

30 July 2024
Though money has been flowing out of Chinese equities, Sumitomo Mitsui DS Asset Management anticipates growth over the long term.
Finance

Japan's Sumitomo Mitsui DS to launch first Chinese private fund

Stock-focused trust targets local investors in anticipation of long-term growth

30 July 2024
Nippon Steel Vice Chairman and Executive Vice President Takahiro Mori is actively engaging with U.S. Steel employees to address concerns over the proposed acquisition. (Source photos by Nanami Sato and Azusa Kawakami)
Business deals

Nippon Steel goes straight to the mill to shore up U.S. Steel deal

Japanese steelmaker stages charm offensive to overcome opposition to buyout

29 July 2024
From left, Indian External Affairs Minister Subrahmanyam Jaishankar, Japanese Foreign Minister Yoko Kamikawa, Australian Foreign Minister Penny Wong and U.S. Secretary of State Antony Blinken pose as they attend a Quad foreign ministers' meeting in Tokyo on July 29.  
International relations

Quad countries agree to expand Indo-Pacific cyber, maritime initiatives

Australia, India, Japan, U.S. 'seriously concerned' about East and South China seas

29 July 2024
Leqembi has been approved in countries such as the U.S., Japan and China, but the European Medicines Agency has balked at following suit. (Photo by Kento Awashima)
Pharmaceuticals

Eisai shares fall 13% as EU rejects Alzheimer's drug

High expectations take a hit as regulator fails to follow the U.S., Japan and China

29 July 2024
Diet member Yoshihiro Seki said a bill to guarantee loans for the government-backed chip startup Rapidus will be presented to the legislature as early as this fall. (Photo by Ken Kobayashi)
Semiconductors

Japan readying 'exceptional' bill to help Rapidus secure funding

LDP lawmaker says aim is for banks to provide bulk of chip startup's support

29 July 2024
The Bank of Japan is grappling with policy as a deeply depreciating yen stokes import prices and saps consumers' purchasing power. (Source photos by Nanami Sato and Pool)
Market Spotlight

'Wishy-washy' BOJ keeps investors guessing on next move

Central bank set to release tapering plan, mull timing of rate hike

29 July 2024
Yoasobi was among several Japanese acts playing at Coachella this year. (Photo by Shumpei Kato)
Media & Entertainment

Yoasobi, Creepy Nuts lead Sony's new wave of J-pop to the U.S.

Connection to anime is a unique strength of Japanese music, Sony Music executive says

28 July 2024
From left, U.S. Secretary of Defense Lloyd Austin, Secretary of State Antony Blinken, Japanese Foreign Minister Yoko Kamikawa and Defense Minister Minoru Kihara attend a press conference in Tokyo on July 28.
Defense

Japan, U.S. unveil 'most significant' defense upgrade amid 'global threats'

U.S. to 'reconstitute' Japan-based forces to enhance contingency coordination

28 July 2024
Global Power analyzed data from its 42,000 registered users as of May, focusing on their current addresses and desired employment locations. (Global Power)
Japan immigration

Less than half of foreign workers want to remain in Japan's countryside

Challenges emerge ahead of 2027 change letting trainees switch jobs sooner

28 July 2024
Thailand's Prime Minister Srettha Thavisin explains about digital wallet program in Bankok on Nov. 10. (Photo by Hiroki Endo)
Your Week in Asia

Quad FM meeting, BOJ monetary policy, digital wallet stimulus in Thailand

Your weekly lineup of Asia's biggest business and political events

28 July 2024
Honda, Japan's second-largest automaker, No. 3 Nissan and Mitsubishi will ally to compete with other giants.
Automobiles

Mitsubishi Motors to join Honda-Nissan alliance

Japanese auto market consolidates into 'big two' of tie-up versus Toyota

28 July 2024
A suite at the Courtyard by Marriott Sapporo has a sliding door separating the bedroom and workspace. (Photo by Kotose Hamano)
Travel & Leisure

Marriott, Accor swoop into Sapporo with luxury hotels as tourism booms

Foreign-owned chains look to tap rising demand in northern Japanese city

28 July 2024
Japan's Natsumi Tsunoda, second from left, poses with her gold medal in the women's under 48 kg judo at the Paris Olympics on July 27, with silver medalist Baasankhuu Bavuudorj of Mongolia, left, and bronze medalists Tara Babulfath of Sweden, far right, and Shirine Boukli of France. (USA TODAY Sports via Reuters)
Sports

Olympics: Japan's Natsumi Tsunoda wins gold in women's judo

Japanese judoka defeats Mongolian opponent to take top medal in under-48-kg class

28 July 2024
Japan and the U.S. are poised to agree to step up defense coordination at their "two-plus-two" meeting in Tokyo on July 28. (Source photos by Nikkei)
Defense

U.S. to boost alliance with unified command for its forces in Japan

Countries to create working group to iron out details on cooperation

28 July 2024
A mural of baseball player Shohei Ohtani covers a wall of the Miyako Hotel in Los Angeles' Little Tokyo. (Photo by Rei Nakafuji)
Society

L.A.'s Little Tokyo fights to survive to the next generation

Soaring property values, gentrification and aging threaten iconic enclave

28 July 2024
 Nagoya has the largest number of abandoned bicycles in Japan.
Transportation

Uber drivers and others help crack down on illegal bicycle parking in Japan

Private company's action starts in Nagoya, with the most abandoned bikes

27 July 2024
The Sado mine complex was one of the world's largest producers of gold in the 17th century. (Sado City, Niigata Prefecture)
Society

UNESCO adds Japan's Sado mine complex to World Heritage list

South Korea opposed the move by linking site to wartime forced labor

27 July 2024
Tokyo continues to attract unmarried women from other areas, bringing down the city's overall birth rate to the lowest in Japan.
Datawatch

Influx of single women drives Tokyo birth rate to lowest in Japan

Yet married women in the city continue to exceed the national average in childbirth

27 July 2024
Stream article image
Travel & Leisure

New Mt. Fuji rules reduce number of 'bullet climbers'

Concern remains about possible loss of UNESCO Heritage Site status

27 July 2024
Stream article image
Environment

NIKKEI Film: Wooden skyscrapers in the city of the future

Designers dream of 'green' high-rise buildings surpassing 350 meters

27 July 2024
Japanese company Eisai currently has the only approved Alzheimer's treatment on the market. (Photo by Aya Onishi)
Pharmaceuticals

Alzheimer's drug from Eisai and Biogen rejected in Europe

Leqembi seen offering small improvement while risking bleeding in brain

27 July 2024
Nissan Motor has struggled in China, where it sells the Venucia brand. Meanwhile, Renault has entered into a new partnership with Chinese automaker Geely. (Source photos by Nikkei and Reuters)
Automobiles

Nissan falls behind Renault in market cap a year after equal alliance

Japanese carmaker blindsided by woes in American and Chinese markets

27 July 2024